Report Shows Three Gulf States Lure Retailers


News: The UAE, Qatar and Saudi Arabia are among the top retail markets in the world, according to a global retail study by EC Harris, citing the Retail International Programme Expansion Index. The report added that retailers see the three Gulf nations as the most attractive retail market for expansion. The index ranked Qatar at the top in the Middle East and seventh in the world. Meanwhile, the UAE and Saudi Arabia's retail markets were ranked 11 th and 13 th. 'With high-end retail developments in the UAE and across the Middle East becoming increasingly more attractive for both residents and visitors from around the world, the industry is now one of the most important sources of economic growth in the region,' the report said (Arabian Business).

This article is tagged to:
Sector: Retail
Geography: Qatar, United Arab Emirates, Saudi Arabia